Economic impact analysis of natural gas development and the policy implications

P.N.K. De Silva, S.J.R. Simons and P. Stevens

Energy Policy, 2016, vol. 88, issue C, 639-651

Abstract: In the US, the shale gas revolution ensured that the development costs of unconventional natural gas plummeted to the levels of $2–3/Mcf. This success has motivated the development of shale gas in other regions, including Australia and Europe. This study, focussing primarily on aspects of economic impact analysis, estimates the development costs of shale gas extraction in both Australia and Europe, based on both direct and fiscal costs, and also suggests policy initiatives.

Keywords: Unconventional gas; Development costs; Shale gas; LNG (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (19)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:88:y:2016:i:c:p:639-651

DOI: 10.1016/j.enpol.2015.09.006

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